Posts Tagged ‘Disposable Income’

I suggested at the beginning of the year that buying silver now would prove to be the trade of the decade. I maintain that call and currently is up over 8% YTD. I would suggest that all sell-offs in silver should be bought. Gold has been hit for as much as $23 last week and silver for 66 cents. You can leverage your trade in silver with mining stocks.

However hard the Central Planners try, they will soon realize that no amount of money printing can cleanse the rot of the US economy. Here we investigate the U.S. consumer & show that for a large portion of the population, things are not anywhere close to being better, in fact they are worse than before the recession.

Since economic recoveries should be a function of economic prosperity across the national spectrum, is the current economic recovery achieving that goal? While Wall Street & top 20% of the population have certainly enjoyed the surge in asset prices due to Fed interventions, has the other 80% seen an increase in prosperity too?

Claims that the U.S. economy is suddenly rebounding have been made before. They are misleading at best and fallacious at worst. It would not be surprising to see further deterioration, which would force central planners to initiate additional unconventional intervention (i.e. Quantitative Easing).